TAILIEUCHUNG - THE FIRM OF HAZEN, JARVIS, SIMONDS & WHITE

The circumstances under which James Simonds, William Hazen and their associates organized the first trading company at St. John have been already related. Their business contract was signed on the 1st of March, 1764. In the course of a year or two the character of the original company was essentially altered by the death of Richard Simonds, the retirement of Samuel Blodget and Richard Peaslie and the admission of Leonard Jarvis as a new partner. Questions had also arisen as to the rights of the several partners in the lands granted in 1765 to James Simonds, James White and. | The Firm of Hazen Jarvis Simonds White The circumstances under which James Simonds William Hazen and their associates organized the first trading company at St. John have been already related. Their business contract was signed on the 1st of March 1764. In the course of a year or two the character of the original company was essentially altered by the death of Richard Simonds the retirement of Samuel Blodget and Richard Peaslie and the admission of Leonard Jarvis as a new partner. Questions had also arisen as to the rights of the several partners in the lands granted in 1765 to James Simonds James White and Richard Simonds. In order to settle these questions a new business contract was signed at Newburyport on the 16th April 1767 by James Simonds Leonard Jarvis and William Hazen. The original contract is yet in existence amongst the papers of the Hazen family. It is in the handwriting of Leonard Jarvis and is a well worn document which bears marks of having been repeatedly handled. This is not to be wondered at for this contract proved a veritable storm-centre in the litigation that ensued relative to the division of the lands between the partners. The legal proceedings assumed various phases and occupied the attention of the courts for a period of twenty years. 87 Under the new contract Hazen and Jarvis were to have a half interest in the business James Simonds one-third and James White one-sixth and all the lands on the River St. John that had been granted to any or either of the partners Mr. Simonds lot in Maugerville excepted were to be put into the common stock and divided in the following proportions namely one-half to Hazen and Jarvis one-third to Simonds and one-sixth to White. The same division was to be made of any lands that should thereafter be obtained by the members of the company either individually or collectively during the continuance of the partnership. Mr. Simonds sailed from St. John for Newburyport in the schooner Eunice on the 4th March 1767

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